Global Biofertilizer Market Size, Share, Analysis Report

Global Biofertilizer Market By Types Analysis (Nitrogen Fixing Bio-Fertilizers, Potash Mobilizing Bio-Fertilizers, Phosphate Solubilizing Bio-Fertilizers); By Application Analysis (Fruits and Vegetables, Cereals, Plantations, Pulses and Oilseeds) and By Regional Analysis – Global Forecast by

The Global biofertilizer Market is expected to be around US$ 3.40 Billion by 2028 and will grow at a CAGR of more than 14% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • T. Stanes & Company Limited
  • Camson Bio Technologies Limited
  • Rashtriya Chemicals & Fertilizers Ltd
  • Lallemand Inc
  • Nutramax Laboratories Inc
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    14

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Bio-fertilizer is a substance that consists of living microorganisms, which assist inside the growth of plant with the aid of growing the delivery of vitamins to it. Growing inside the use of bio-fertilizers is anticipated to lessen the demand for chemical fertilizers and pesticides as they abate the health of the soil. The purpose of this report is to provide an insight on the worldwide bio-fertilizer markets modern-day and projected developments and to perform an extensive analysis of market potentials available. The document analyzes opportunities within the developed and emerging economies so that agencies could make strategic decisions and benefit aggressive area.

    How Big is the Global Biofertilizer Market?

    The Global biofertilizer Market is expected to be around US$ 3.40 Billion by 2028 and will grow at a CAGR of more than 14% in the given forecast period.

    The major driving factors of Global biofertilizer Market are as follows:

    • Growth in the Organic Food Industry
    • Hazards of Chemical Fertilizers
    • Promotion By Government Agencies
    • Rise in the Cost of Chemical Fertilizers & Pesticides

    The restraining factors of Global biofertilizer Market are as follows:

    • Technological & Environmental Constraints
    • Poor Infrastructure

    The Global biofertilizer Market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:

    1) An overview of the global market for biofertilizer and related technologies.

    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.

    3) Identifications of new market opportunities and targeted promotional plans for Global biofertilizer Market.

    4) Discussion of research and development, and the demand for new products and new applications.

    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:

    The scope of the report includes a detailed study of global and regional markets for Global biofertilizer Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include T. Stanes & Company Limited (India), Camson Bio Technologies Limited (India), Rashtriya Chemicals & Fertilizers Ltd. (India), Lallemand Inc. (Canada), and Nutramax Laboratories Inc. (U.S.) Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Global biofertilizer Market has been segmented as below:

    By Types Analysis

    • Nitrogen Fixing Bio-Fertilizers
    • Potash Mobilizing Bio-Fertilizers
    • Phosphate Solubilizing Bio-Fertilizers
    • Others

    By Application Analysis

    • Fruits and Vegetables
    • Cereals
    • Plantations
    • Pulses and Oilseeds
    • Others

    By Regional Analysis

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Reasons to Buy this Report:

    1) Obtain the most up to date information available on all Global biofertilizer Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Global biofertilizer Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

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    1    INTRODUCTION   

        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources
    2 Research Methodology 

        2.1 Introduction 
        2.2 Research Data 
               2.2.1 Secondary Data
                        2.2.1.1 Key Data From Secondary Sources
               2.2.2 Primary Data
                        2.2.2.1 Key Data From Primary Sources
                        2.2.2.2 Key Data From Primary Sources
                        2.2.2.3 Breakdown of Primaries
        2.3 Market Size Estimation 
               2.3.1 Bottom-Up Approach
               2.3.2 Top-Down Approach
        2.4 Market Breakdown & Data Triangulation 
        2.5 Research Assumptions & Limitations 
               2.5.1 Assumptions
               2.5.2 Limitations
        2.6 Macro Indicators 
               2.6.1 Population Growth and Diversified Food Demand
               2.6.2 Increasing Farm Expenditure
               2.6.3 Fluctuation in Raw Material Prices

    3 Executive Summary 

    4 Premium Insights 

        4.1 Attractive Opportunities in the Biofertilizers Market 
        4.2 Biofertilizers Market: By Crop Type 
        4.3 Biofertilizers Market: By Form 
        4.4 Biofertilizers Market in North America 
        4.5 Biofertilizers Market, By Microorganism 
        4.6 Biofertilizers Market, Share of Top Countries 
        4.7 Life Cycle Analysis: Asia-Pacific & Latin America are Attractive Markets for Investment

    5 Market Overview 

        5.1 Introduction 
        5.2 Evolution 
        5.3 Market Segmentation 
               5.3.1 By Type
               5.3.2 By Mode of Application
               5.3.3 By Microorganism
               5.3.4 By Form
               5.3.5 By Crop Type
        5.4 Market Dynamics 
               5.4.1 Drivers
                        5.4.1.1 Growth in the Organic Food Industry
                        5.4.1.2 Promotion By Government Agencies
                        5.4.1.3 Hazards of Chemical Fertilizers
                        5.4.1.4 Rise in the Cost of Chemical Fertilizers & Pesticides
               5.4.2 Restraints
                        5.4.2.1 Technological & Environmental Constraints
                        5.4.2.2 Poor Infrastructure
               5.4.3 Opportunities
                        5.4.3.1 New Target Markets: Asia-Pacific & Latin America
               5.4.4 Challenges
                        5.4.4.1 Lack of Awareness & Low Adoption Rate of Biofertilizers
        5.5 Burning Issue 
               5.5.1 Supply of Counterfeit and Less Effective Products

    6 Industry Trends 

        6.1 Introduction 
        6.2 Value Chain 
        6.3 Supply Chain 
               6.3.1 Prominent Companies
               6.3.2 Small & Medium Enterprises
               6.3.3 End Users (Manufacturers/Consumers)
               6.3.4 Key Influencers
        6.4 Regulatory Framework 
               6.4.1 North America
               6.4.2 Europe
               6.4.3 Asia-Pacific
               6.4.4 Latin America
               6.4.5 RoW
        6.5 Strategic Benchmarking 
               6.5.1 Expansions
               6.5.2 Expansion Through Agreements, Acquisitions, and Joint Ventures
        6.6 Organic Fertilizer Trade

    7 Biofertilizers Market, By Type 

        7.1 Introduction 
        7.2 Nitrogen-Fixing 
        7.3 Phosphate-Solubilizing 
        7.4 Potash-Mobilizing 
        7.5 Others

    8 Biofertilizers Market, By Crop Type 

        8.1 Introduction 
        8.2 Cereals & Grains 
        8.3 Pulses & Oilseeds 
        8.4 Fruits & Vegetables 
        8.5 Others

    9 Biofertilizers Market, By Microorganism 

        9.1 Introduction 
        9.2 Azotobacter 
        9.3 Azospirillium 
        9.4 Rhizobium 
        9.5 Phosphate-Solubilizing Bacteria 
        9.6 Cyanobacteria 
        9.7 Others

    10 Biofertilizers Market, By Mode of Application 

         10.1 Introduction 
         10.2 Seed Treatment 
         10.3 Soil Treatment 
         10.4 Others

    11 Biofertilizers Market, By Form 

         11.1 Introduction 
         11.2 Pure & Mixed Liquid Fermentations 
         11.3 Dispersible Granules 
         11.4 Pellets 
         11.5 Powders

    12 Biofertilizers Market, By Region 

         12.1 Introduction 
         12.2 Pest Analysis 
                 12.2.1 Political Factors
                 12.2.2 Economic Factors
                            12.2.2.1 Government Intervention
                 12.2.3 Social Factors
                 12.2.4 Technological Factors
                            12.2.4.1 Technological Developments in India
         12.3 North America 
                 12.3.1 U.S.
                 12.3.2 Canada
                 12.3.3 Mexico
         12.4 Europe 
                 12.4.1 Germany
                 12.4.2 France
                 12.4.3 Italy
                 12.4.4 Spain
                 12.4.5 Rest of Europe
         12.5 Asia-Pacific 
                 12.5.1 China
                 12.5.2 India
                 12.5.3 Japan
                 12.5.4 Australia
                 12.5.5 Rest of Asia-Pacific
         12.6 Latin America 
                 12.6.1 Brazil
                 12.6.2 Argentina
                 12.6.3 Rest of Latin America
         12.7 Rest of the World (RoW) 
                 12.7.1 South Africa
                 12.7.2 Other Countries in RoW

    13 Competitive Landscape

          13.1 Overview 
         13.2 Competitive Situation & Trends 
                 13.2.1 Expansions & Investments
                 13.2.2 Agreements, Collaborations & Joint Ventures
                 13.2.3 Acquisitions
                 13.2.4 New Product Development

    14 Company Profiles 

         14.1 Introduction 
         14.2 Novozymes A/S 
         14.3 National Fertilizers Limited 
         14.4 Madras Fertilizers Limited 
         14.5 Gujarat State Fertilizers & Chemicals Ltd. 
         14.6 Rizobacter Argentina S.A. 
         14.7 T.Stanes & Company Limited 
         14.8 Camson Bio Technologies Limited 
         14.9 Rashtriya Chemicals & Fertilizers Ltd. 
         14.10 Lallemand Inc. 
         14.11 Nutramax Laboratories, Inc.

    The Global biofertilizer Market has been segmented as below: 

    By Types Analysis

    • Nitrogen Fixing Bio-Fertilizers
    • Potash Mobilizing Bio-Fertilizers
    • Phosphate Solubilizing Bio-Fertilizers
    • Others
    •  

    By Application Analysis

    • Fruits and Vegetables
    • Cereals
    • Plantations
    • Pulses and Oilseeds
    • Others
    •  

    By Regional Analysis

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World
    •  

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    The market is expected to grow at a CAGR of 14% during the study period (2023-2028)
    The Global biofertilizer Market is expected to be around US$ 3.40 billion by 2028
    The segment included in the biofertilizer Market is Types, Application and region.
    Some key players operating in the biofertilizer Market include T. Stanes & Company Limited (India), Camson Bio Technologies Limited (India), Rashtriya Chemicals & Fertilizers Ltd. (India), Lallemand Inc. (Canada), and Nutramax Laboratories Inc
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